ILLUMINATION
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ILLUMINATION

Personal Finance/Wealth Management

Soaring Global Inflation Pushed Up Interest Rate In The UK

The Bank Of England Raises Interest Rate To Its Highest In 13 Years

The rising cost of living is driven by energy and fuel costs compounded by the Ukraine war. Photo by Jack Prichett on Unsplash

Inflation is everywhere, and the UK is not an exception. The Bank of England in its attempt to stem inflation raises the UK base interest rate once again this week to its highest of 1.25%. This is the highest in…

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Lanu Pitan

Lanu Pitan

An avid reader. A lover of Nature as Nature is always loving and giving. Email: lanu_bennett@hotmail.com https://lanupitan.medium.com/membership.